CARM RPP bond estimator — how much security do I need to post?
CARM Release 2 went live in October 2024 and importers must now post their own financial security with CBSA — the days of riding on your broker’s bond are over. CFIB found only ~25% of importing SMBs were registered, so most Canadian brands still need to choose between a cash deposit and a surety bond.
- ✓ Required security = 50% of your highest single-month duty + GST liability (or 50% of 1.5x average month, whichever is higher; $25,000 floor)
- ✓ Two ways to satisfy it:cash deposit with CBSA, or a surety bond priced at 1–3% of bond face value per year
- ✓ If you don’t post security:CBSA holds your shipments until duty + GST is paid in full at the border — bye-bye RPP privileges
Tell us about your duty + GST exposure
Pull from your CBSA Statements of Account (CCP). New importers: use your peak-season month estimate.
Total duty + GST paid over 12 months ÷ 12.